Italy’s Moltiply Sues Google for $3.3 Billion
- Italy's Moltiply Group filed a €2.97 billion lawsuit against Google in Milan for abusing its dominant market position between 2010 and 2017.
- The claim follows a 2017 European Commission decision fining Google €2.42 billion for favoring its own shopping service over competitors’ platforms.
- Moltiply claims that Google's preferential treatment of its own shopping services negatively impacted its subsidiary 7Pixel, the operator of the price comparison website Trovaprezzi.it, limiting its development and market presence.
- A Google spokesperson rejected the damages claims as exorbitant and said they ignore the success and growth of the industry.
- The lawsuit seeks compensation for the structural effects of Google's behavior, supported by EU courts’ rulings that Google's conduct distorted competition.
25 Articles
25 Articles
Italy’s Moltiply sues Google over anti-competitive practices
Moltiply, Italy’s price comparison platform, filed a €2.97 billion damages claim against Alphabet’s Google Friday, alleging anti-competitive conduct and abuse of dominance that favored Google Shopping between 2010 and 2017. Moltiply alleged that its subsidiary 7Pixel, which operates the comparison site Trovaprezzi.it, was harmed by Google’s self-preferencing practices, which abused its market dominance to suppress competition and hinder the grow…
Italy's Moltiply sues Google in 3 billion euro lawsuit over market dominance
Italy's Moltiply Group said on Friday it was suing Alphabet's Google and seeking damages of 2.97 billion euros ($3.34 billion) for abuse of its dominant market position as previously recognised by the EU Court of Justice.
Coverage Details
Bias Distribution
- 63% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage